Shanghai-Wuxi Partnership Boosts LeapSky’s IPO Ambitions

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In recent months, the race for funding in the large model track has heated up once again. DeepSeek, which recently started its first round of external financing, has seen a significant increase in its valuation within weeks. Apart from Alibaba and Tencent, the National Integrated Circuit Industry Investment Fund is also in talks with DeepSeek, with its latest valuation potentially reaching $45 billion to $50 billion. Moon’s Dark Side is also reportedly finalizing around $2 billion in financing, with a post-investment valuation expected to exceed $20 billion. Today, LeapSky has also emerged with news of a substantial financing round. Sources…

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